Fed Governor Stephen Miran praised the nominee Kevin Warsh and said he is in favor of rate cuts, whereas Federal Reserve Bank of St. Louis President Alberto Musalem said officials should hold off from lowering interest rates further.
White House National Economic Advisor Kevin Hassett, once touted to be the top choice to be the next Federal Reserve Chair, said in a CNBC interview on Friday that he is not disappointed that he did not get the nomination.
In a move that marks a definitive break from the previous administration's economic stewardship, President Donald Trump officially nominated Kevin Warsh as the next Chair of the Federal Reserve on Friday morning, January 30, 2026. The announcement, made via Truth Social, ends months of intense speculation regarding who would succeed
While Amcor has underperformed the broader market over the past 52 weeks, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.
Financial providers use their expertise in capital allocation and risk assessment to help facilitate economic growth while offering consumers and businesses essential financial services. But worries about economic uncertainty and potential market volatility have kept sentiment in check,
and over the past six months, the industry's 1.9% return has trailed the S&P 500 by 7.7 percentage points.
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